Stock Surge: Illumina Inc (ILMN) Closes at 135.00, Marking a 3.26 Increase/Decrease

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In the latest session, Illumina Inc (NASDAQ: ILMN) closed at $135.00 up 3.26% from its previous closing price of $130.74. In other words, the price has increased by $3.26 from its previous closing price. On the day, 3.13 million shares were traded. ILMN stock price reached its highest trading level at $135.05 during the session, while it also had its lowest trading level at $129.15.

Ratios:

For a deeper understanding of Illumina Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.22.

On October 17, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $180.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 14 ’24 when CHARLES E. DADSWELL TRUST U/A/ bought 4,948 shares for $145.54 per share.

CHARLES E. DADSWELL TRUST U/A/ bought 3,956 shares of ILMN for $483,740 on Aug 15 ’24. On Feb 22 ’24, another insider, Thaysen Jacob, who serves as the Chief Executive Officer of the company, bought 7,330 shares for $135.29 each. As a result, the insider paid 991,672 and bolstered with 14,861 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ILMN now has a Market Capitalization of 21411000320 and an Enterprise Value of 22470363136. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 10.04. Its current Enterprise Value per Revenue stands at 5.119 whereas that against EBITDA is 30.781.

Stock Price History:

Over the past 52 weeks, ILMN has reached a high of $156.66, while it has fallen to a 52-week low of $90.76. The 50-Day Moving Average of the stock is -3.60%, while the 200-Day Moving Average is calculated to be 7.69%.

Shares Statistics:

For the past three months, ILMN has traded an average of 1.77M shares per day and 2567330 over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 157.81M. Insiders hold about 0.50% of the company’s shares, while institutions hold 91.32% stake in the company. Shares short for ILMN as of 1730332800 were 6724594 with a Short Ratio of 3.79, compared to 1727654400 on 5495742. Therefore, it implies a Short% of Shares Outstanding of 6724594 and a Short% of Float of 4.82.

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